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Topic: Bitcoin halving countdown - page 4. (Read 703 times)

hero member
Activity: 2786
Merit: 902
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April 13, 2024, 02:29:09 PM
#16
For the upcoming halving, I'm just expecting the price to stabilize a bit and the good stuff -- possible ATH to come after several months. Yeah, I'm still hodling on to the same pattern that happened multiple times when it comes  to ATH.

Of course, it's also possible that the pattern will break at some point (well, i know it already did up to a certain extent this year) but overall, not a big deal if you're holding long term though, it would be nice to cash out a portion for some personal splurging lols.
jr. member
Activity: 87
Merit: 3
April 13, 2024, 01:51:22 PM
#15
It's as simple as it gets.

If the same amount of people want to buy the same amounts of BTC every day, but the amount of newly created bitcoins are halved, the price gets to rise.
sr. member
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April 13, 2024, 01:42:47 PM
#14

Yes I am thinking maybe that is also the reason why bitcoin reached a new all time high even before the halving itself many are expecting for bitcoin to reach another peak post-halving so they are hoarding as much coins as they can.

Personally I am just waiting for the right time to buy more coins at a price I deem more profitable

This can be true that the price of bitcoin is increasing due to higher buying percent of the people and now a days many people are selling their bitcoin due to panic so bitcoin is showing slight dump of 67k$ of worth.

People are assuming that halving will make the price of bitcoin more favorable so they can get benefit easily but halving is very near but we have not saw any huge pump but may be once halving take place then all situations become normal and bitcoin surge above 73k$.

I think you should not wait for more accurate time than this for buying because now everyone has predicted that price will surge instead of going down so if you have bought some bitcoin then keep it and now wait for the successful event of halving.
sr. member
Activity: 1246
Merit: 262
April 13, 2024, 09:49:51 AM
#13
Bitcoin always increases in price after halving and this has happened 3 times in the past and people are expecting it to happen again. But things are gradually becoming different and the difference here is that this story has become so familiar and everyone, including new investors, knows and is waiting for this. And if everything repeats itself and everyone wins, including the newbies, who will lose in this financial game? Who will spend billions of dollars and be willing to buy bitcoin at high prices so that we all make a profit?

This is my thinking and I think things will not be that easy anymore, the sharks will find a way to change the rules of the game and many people will have to lose money, not everyone will be rich.
Since reach with new all time high price bitcoin always get correction start from new ATH around $69k then dropping to $59k until last all time high reach to $73k and currently bitcoin dropping to $65k last night. Seems need prepare with bad happening later if possibility bitcoin will raise new higher price left several days later before halving always has opportunity dropping to lower price. I don't sure with this halving edition worth to buy back bitcoin right now because many time bitcoin get correction drastically after success achieving new higher price.

For new ATH seems difficult before halving left six days later, I don't quit well believing how potential with bitcoin price reach above $80k or keep going down exactly after halving time. Do you want to invest in bitcoin right now or waiting after halving and opportunity get correction to buy bitcoin has more lower price.
hero member
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April 13, 2024, 09:46:59 AM
#12
Yes, I have already started and this time my strategy was simple which I have been following and it's really stress free. The strategy is nothing but DCA and having a back up amount to buy BTC in bulk when it dips like we have seen whenever it reached ATH it dips by 10 to 20% which happened this time before BTC crossed $40k, $50k and after it crossed the previous ATH. I am just accumulating BTC as much as I can but doing it gradually to avoid being left out during bull run. DCA doing make you panic.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
April 13, 2024, 09:30:12 AM
#11
I presume alot of investors are purchasing more coins too in regards to this.

Yes I am thinking maybe that is also the reason why bitcoin reached a new all time high even before the halving itself many are expecting for bitcoin to reach another peak post-halving so they are hoarding as much coins as they can.

Personally I am just waiting for the right time to buy more coins at a price I deem more profitable
hero member
Activity: 1960
Merit: 547
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April 13, 2024, 09:09:08 AM
#10

Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth...



Bitcoin always increases in price after halving and this has happened 3 times in the past and people are expecting it to happen again. But things are gradually becoming different and the difference here is that this story has become so familiar and everyone, including new investors, knows and is waiting for this. And if everything repeats itself and everyone wins, including the newbies, who will lose in this financial game? Who will spend billions of dollars and be willing to buy bitcoin at high prices so that we all make a profit?

This is my thinking and I think things will not be that easy anymore, the sharks will find a way to change the rules of the game and many people will have to lose money, not everyone will be rich.
sr. member
Activity: 434
Merit: 350
April 13, 2024, 09:02:26 AM
#9
Bitcoin halving event is only six days away which means we are only one week away from an important event like Bitcoin halving event. I've only read or heard about the bitcoin halving event before in history. But never had the real experience but maybe this year I will get that experience through the fourth bitcoin halving.

When I first heard about the bitcoin halving I thought that since halving means "to cut in half" when the bitcoin halving happens the price of bitcoin will probably be half of what it was. As I thought that if the price of Bitcoin is $50000 then maybe it will drop to $25000 during the halving. But I think this idea was wrong because when I started to Google the content related to Bitcoin halving, I found that it is said that during Bitcoin halving, those who are bitcoin miners are given half the reward ie they get fifty percent reward.
member
Activity: 210
Merit: 31
April 13, 2024, 08:54:08 AM
#8
Yes the halving is an important event, but after witnessing many of them, nothing really changes in the short term. Some retail investors will feel it is uneventful and sell their holdings, and miners will also have to sell more of their mined coins as they need to cover their costs. Typically this results in a drop in the price in the weeks after so I can see that potentially happening. It's all noise though, as long as you're dollar cost averaging you'll be fine..
hero member
Activity: 406
Merit: 443
April 13, 2024, 08:52:38 AM
#7
If you think halving will get you rich quickly, then you should wait because the change in supply does not directly increase the price, although I am surprised that the price is still +60k.
sr. member
Activity: 588
Merit: 338
April 13, 2024, 08:47:50 AM
#6
I'm really excited about counting down to halving, because it'll be my first time experience, and I've been hearing a lot of pro and post halving price predictions, it's really fascinating. From my research I understand that after supply is cut in half, which will create scarcity, demand will become greater than supply, and eventually that is when the real bull run will start. I believe that because of the Bitcoin ETF which made it possible to see a new ATH before halving, that we're going to experience a massive bull run in this season, and every investor will likewise reap massive ROI.
hero member
Activity: 3024
Merit: 680
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April 13, 2024, 08:07:47 AM
#5
I want to know what we are excited about,and to know if we're slacking over this opportunity.
Straight to the point, the price increase none other than that. When we talk about halving, two things - bull run and price increase.

That's what we're all excited about and whether you hide it or not, everyone is talking about new all time highs at this bull run and that's what this halving is all about.

And soon, we'd see more of it because this is just a 4-year cycle and time nowadays is too quick passing by.
hero member
Activity: 714
Merit: 521
April 13, 2024, 07:54:54 AM
#4
Hello everyone, talking about this Bull run that we all have been anticipating along time ago is finally coming to our door steps and I guess we're all excited about it and want to make it all out this time around.

Halving is a season expected that everyone investing should make profits, even though it is also surrounded by high market volatility whereby you can experience the rise and fall within a short time, we should not allow fear to take hold of us in such a way that we miss out on any opportunity in this season, it's more important that we learn to hodl.

Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

Many will indeed make profits because some were already into it by now, since the start of the bullrun which began sometimes earlier this year, on the same vein, we can still have others who would have realized losses at the cause because of their carelessness or fear.
legendary
Activity: 1050
Merit: 1100
April 13, 2024, 07:34:47 AM
#3
Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

History has shown that Bitcoin might not get to its highest price during the halving. It might take some months to get to that height, hence Bitcoin might get to its highest price towards the end of this year and early next year.

Quote
I want to know what we are excited about,and to know if we're slacking over this opportunity.
I presume alot of investors are purchasing more coins too in regards to this.

It is normal to see the attention and attraction which the Bitcoin space is gaining during this period. However, the investors that will make good money from the bull run are those that have planned for this season. Investors who bought Bitcoin when the price was low are the ones who will largely benefit from this season.

Quote
Bitcoin halving countdown
I was expecting to see a series of events or periods that leads to Bitcoin halving. Maybe the title is not consistent with the post content.
sr. member
Activity: 2366
Merit: 448
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April 13, 2024, 05:50:26 AM
#2
We all know that the halving event is an important event and the best moment that we look forward to every 4 years and we are already at the door, because the halving event has a significant impact on Bitcoin price movements. And also the dynamics of supply and demand in the Bitcoin market, and demand will increase and can increase the price of Bitcoin gradually as supply decreases.
And what I've done so far is continue to make regular purchases within my means and will probably only increase my purchases when I have more money, and the DCA method is the best way for me to do this. Because I don't have the ability to make large purchases and hold them for the long term.
jr. member
Activity: 41
Merit: 1
April 13, 2024, 04:50:43 AM
#1
 Hello everyone, talking about this Bull run that we all have been anticipating along time ago is finally coming to our door steps and I guess we're all excited about it and want to make it all out this time around.
Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

I want to know what we are excited about,and to know if we're slacking over this opportunity.
I presume alot of investors are purchasing more coins too in regards to this.
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